To see a full "Mad Money" recap, please click here.
Here's what Jim Cramer had to say about some of the stocks offered up by callers on the "Mad Money Lightning Round": Toyota(TM Quote): "It's suddenly no longer an auto company; it's a play on the environment. ... And that's why it goes up everyday! And that's why I wish I owned it!" CMGI(CMGI Quote): "I need CMGI to put two very strong quarters back to back ... I'm not doing a 'mon back* because I don't trust them." InfoSpace(INSP Quote): "Oh, doctor!" cried Cramer as he hit the sell!sell!sell! button. "Where's my sell-and-don't-buy-until-after-nuclear-winter button?!" Dresser-Rand(DRC Quote): "I like this stock ... I think Dresser-Rand is the cheapest oil and gas stock that I know." *For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Lightning Round
Bullish
Cramer was bullish on Toyota Motor (TM Quote), Duke Energy (DUK Quote), PNM Resources (PNM Quote), Martha Stewart Living Omnimedia (MSO Quote), Whole Foods Market (WFMI Quote), Lincoln Electric Holdings (LECO Quote), Ingersoll-Rand (IR Quote), Illinois Tool Works (ITW Quote), Becton, Dickinson (BDX Quote), Dresser-Rand Group (DRC Quote), American Science & Engineering (ASEI Quote), Thermo Electron (TMO Quote), Grey Wolf (GW Quote), Pioneer Drilling (PDC Quote), General Cable (BGC Quote), EnCana (ECA Quote), RF Micro Devices (RFMD Quote), Buffalo Wild Wings (BWLD Quote), ENGlobal (ENG Quote), XM Satellite Radio (XMSR Quote) and Smith & Wesson (SWB Quote).Bearish
Cramer was bearish on Kroger (KR Quote), CMGI (CMGI Quote) , New Century Financial (NEW Quote), InfoSpace (INSP Quote), Oracle (ORCL Quote), Maxtor (MXO Quote), Nam Tai Electronics (NTE Quote), AMR (AMR Quote), Amazon.com (AMZN Quote) and Citigroup (C Quote).Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.
| 1. | Pigs Get Slaughtered | 2. | It's OK to Pay the Taxes | ||
| 3. | Don't Buy All at Once | 4. | Buy Damaged Stocks | ||
| 5. | Diversify to Control Risk | 6. | Do Your Homework | ||
| 7. | Don't Panic | 8. | Buy Best-of-Breed | ||
| 9. | Defend Some Stocks | 10. | Don't Bet on Bad Stocks | ||
| 11. | Own Fewer Names | 12. | Cash Is for Winners | ||
| 13. | No Regrets | 14. | Expect Corrections | ||
| 15. | Know Bonds | 16. | Don't Subsidize Losers | ||
| 17. | No Room for Hope | 18. | Be Flexible | ||
| 19. | Quit When Execs Do | 20. | Patience Is a Virtue | ||
| 21. | Be a TV Critic | 22. | When to Wait 30 Days | ||
| 23. | Beware the Hype | 24. | Explain Your Picks | ||
| 25. | Find the Bull Market | ||||
| Check back for more of Cramer's Rules | |||||
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,501.05 | 1,114.11 | 2,212.10 | 35.46 |
Oil *
71.84
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